Biographies

Dr. Hans-Peter Zehnder has been Chairman of the Board of Directors and Chairman of the Group Executive Committee at Zehnder Group AG since 1993. He joined the Company in 1985 as Member of the Management Board. From 1986 to 1988 he was Head of the Instruments division, from 1988 to 1991 Head of the Radiator division and from 1988 to 1992 Deputy Chairman of the Management Board at the Company and in 1993 he became Chairman of the Group Executive Committee. He is also a President of the Boards of Directors of Schmolz & Bickenbach AG and Member of the Board of Directors at AZ Medien AG, R. Nussbaum AG, Lagerhaeuser der Centralschweiz AG and Rouge + Blanc Holding AG. Dr. Zehnder holds a Degree in Business Management and a Doctorate in Business Sciences from the Universitaet St. Gallen.

Mr. Hans-Jakob Zehnder is Honorary President at Zehnder Group AG since 1993. In 1993, after having spent 34 years at the Head of the Company he served for 39 years, Mr. Zehnder passed on the Chairmanship of the Board to his son Hans-Peter Zehnder, who took over operational management of the Company in 1988.

Dr. Peter Wiesendanger has been Non-Executive Deputy Chairman of the Board of Directors at Zehnder Group AG since 1999. From 1967 to 1970, he was a Member of the High Voltage Engineering and Testing Group. From 1970 to 1977, he was project leader at the High Voltage Laboratory at the Swiss Federal Institute of Technology in Zurich. He held various positions at Schindler from 1979 to 1985, and was appointed Chairman of the Executive Board of Schaffner Elektronik AG in 1985. From 1988 to 1997, he was a Member of the Management Board of the Zehnder Group. Between 1997 and 2008, he was responsible for China operations, from 2001 until 2005, he was responsible for business development of comfort systems, and between 2002 and 2008, he was responsible for United States operations. Dr. Wiesendanger serves as Chairman of Board of Directors of Pewi Holding AG, Switzerland, Pewi Imco AG, Switzerland, Klafs AG, Switzerland and Timecorner AG, Switzerland, as well as Deputy Chairman of Celpro AG, Switzerland and as Non-Managing partner of G. Lufft Mess- und Regeltechnik GmbH and G. Lufft Beteiligungen GmbH, Germany. He holds a degree and Doctorate from Eidgenoessische Technische Hochschule Zuerich, as well as degree in Business Sciences and degree in Psychology, both from Universitaet Zuerich.

Mr. Dominik Berchtold has been Member of the Group Executive Committee and Chief Financial Officer of Zehnder Group AG since November 1, 2008. In addition to his duties at the Company he is also Member of the Board of Directors of Peakmile AG, Switzerland. From 1996 until 1997, he was a Finance and Marketing Assistant at Exsa (Peru) and Linde Xiamen (China). From 1997 until 2005, he was Group Controller, Director Controlling, Treasury and Accounting at Pilatus Aircraft Ltd, Switzerland and Chief Financial Officer of Transairco S.A., Switzerland. From 2005 until 2006, he was Manager Corporate Restructuring at KPMG Fides, Zurich, Switzerland. From 2006, he was Director Business Development and M&A at Zehnder Group AG, Graenichen, Switzerland. Mr. Berchtold studied Business Management at the Universite de Fribourg, Switzerland and completed an Executive Master of Corporate Finance at Hochschule Luzern Institut fuer Finanzdienstleistungen Zug (IFZ), Switzerland.

Mr. Juerg Ammann has been Member of the Executive Committee and Head of Operations Europe at Zehnder Group AG since June 1, 2011. From 1984 till 1985 he served as Scientific Assistant at the Institute for Lightweight and Aeronautical Structures of Eidgenoessische Technische Hochschule Zuerich. Between 1985 and 1988, Mr. Ammann worked as System Engineer at Hewlett Packard, and between 1988 and 1994 he was Consultant at Stiftung BWI. From 1995 till 1996 he served as Assistant to the Chief Executive Officer of Systor AG, and from 1996 till 2001 as Senior Consultant and Skill Group Manager, of Cap Gemini Ernst & Young. Between 2001 and 2011, Mr. Ammann served as Chief Information Officer and Head Multiclient Products at Siegfried Ltd. He is Member of the Board of Directors of Swissinput, Switzerland. Mr. Ammann holds a degree in Mechanical Engineering and Doctor of Philosophy degree in Industrial Engineering from Eidgenoessische Technische Hochschule Zuerich (Swiss Federal Institute of Technology).

Mr. Stephen Grao has been Member of the Group Executive Committee and Head of Americas/Asia-Pacific/International & UK of Zehnder Group AG since July 1, 2008. Between 1982 and 1983, he was Marketing Assistant in OCP SA. Between 1984 and 1999, he held various management functions in Europe and Asia for Thorn PLC and was appointed Member of the Executive Committee. From 1999 till 2003, he was Member of the Executive Committee of Philips Lighting, responsible for the North and South American operations, and from 2004 till 2006, he was Member of the Executive Committee of CompAir Group. Mr. Grao gained a Bachelor of Arts in 1982 from Loughborough University, a Master of Business Administration in 1984 from Cass Business School, London and a Master of Business in China/Asia Business Strategy in 2008 from the University of South Australia.

Mr. Cyril Peysson has been Member of the Group Executive Committee and Head of Sales and Marketing Western Europe at Zehnder Group AG since January 1, 2007. He joined Company's Executive Committee on January 1, 2006 with the responsibility for Sales Radiators Northern and Eastern Europe, a position he held until January 1, 2007. From 1990 to 2000, he held various responsibilities in export and sales at French industrial companies. The last position held was Head of Sales at De Dietrich Heiztechnik. From 2000 to 2005, he was Head of Zehnder S.A.S in France. He holds a Diploma of Ecole Superieure de Commerce et Administration, Montpellier, France.

Mr. Thomas Benz has been Non-Executive Member of the Board of Directors at Zehnder Group AG since 1993. He is also Member of the Compensation Committee at the Company. Between 1972 and 1973, he worked at Guardian Electric, Chicago, USA. In 1973, he joined Zettler GmbH, Germany. Between 1977 and 1996, he was Managing Partner of Zettler GmbH, Germany. Since 1997, he has been Managing Partner of CG International, Germany. Currently, Mr. Benz serves as Deputy Chairman of the Board of Warema Renkhoff SE, Germany; Member of Advisory Council Future Climate GmbH, Germany, Member of the Bavarian MetalWorking and Electrival Industry e.V., Germany; Member of the Federation of Catholic Entrepreneurs, Germany, and Member of the Executive Committee of vbw - Vereinigung der Bayrischen Wirtschaft e.V. (Association of Bavarian Industry), Germany. He holds a degree in Electrical Engineering from Eidgenoessische Technische Hochschule (ETH) Zuerich.

Dr. Urs Buchmann has been Non-Executive Member of the Board of Directors at Zehnder Group AG since 2010. He is also Member of the Compensation Committee of the Company. He had Long-term career in corporate investment banking in Asia; currently he is Head of Corporate Banking Asia Pacific in an international bank as well as Chairman of the Board of the Sino-Swiss Partnership Fund and Member of the Board of Zehnder (China) Indoor Climate Co. Ltd. He obtained a degree of Dr. iur. (Doctor juris) from the Universitaet Bern.

Mr. Enrico Tissi has been Non-Executive Member of the Board of Directors at Zehnder Group AG since 2005. He is also Member of the Compensation Committee at the Company. From 1972 to 1986, he held various responsibilities and functions at Rieter AG. From 1986 to 1996, he was delegate of the Board and Chief Executive Officer (CEO) of Elco Looser Holding AG in Switzerland. Between 1997 and 2004, he was Delegate of the Board and CEO of Sika Corp., USA and a Member of Group Management of Sika AG. He is also Member of the Board of Directors of Hermann Buehler AG and Georg Utz Holding AG. He holds a degree in Engineering from Eidgenoessische Technische Hochschule (ETH) Zuerich.